1233-1243 Queen Street East & 77 Leslie Street
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1233-1243 Queen Street East & 77 Leslie Street DON VALLEY PARKWAY TORONTO | ONTARIO GO TRAIN & FUTURE ONTARIO LINE East Harbour Transit Hub (Future) QUEEN STREET EAST LESLIE STREET Investment Summary Executive Summary Downtown Toronto Lake Ontario 4.6 km| ~14 minutes olliers International (“Colliers” or the “Advisor”) has been retained exclusively to arrange for the sale of 1233-1243 Queen Street East & 77 Leslie Street (the “Property” or “Site”), an assemblage of lands located along the Queen Street Billy Bishop Airport C 6.9 km | ~18 minutes East corridor, at the Southeast corner of Queen Street East and Leslie Street. The Property presents a unique opportunity to acquire a rare 23,022 SF land site in the gentrifying Leslieville neighbourhood, with direct transit access. The site is ideal for 01 East Harbour development of mid-rise, mixed-use building with front door access to the Queen Transit Hub Street East streetcar. 01(Future) The site benefits from unparalleled transit connectivity with direct access to the 501 Queen Street Streetcar and car access to Lakeshore Boulevard which provide convenient accessibility to Downtown Toronto. This connectivity has provided a wealth of amenities, schools (Bruce Public School, St. Joseph Catholic School, Duke of Connaught, Leslieville Junior Public School, Morse Street Public School) and parks, (Maple Leaf Forever Park, Leslie Grove Park, Greenwood Park) supplying a healthy and vibrant community which bodes well for further residential developments. 83 Gardiner Expressway / Don Valley Parkway Ontario Line (2030) 83 Lakeshore East / Stouffville Line 01 Streetcar 01 Streetcar Stop 2 23,022 SF 27,349 SF Mixed-Use 83 Bus Route Number of Site Building Official Buildings Area Size Plan 2 | COLLIERS: PRIVATE CAPITAL INVESTMENT GROUP 1233-1243 QUEEN STREET EAST & 77 LESLIE STREET | 3 Investment Leslie Street Highlights Queen Street East Amenity Rich Area Property Description Located within walking distance of rich array of amenities, which include grocery (Loblaws), cafes, Municipal Address 1233-1243 Queen Street East & 77 Leslie Street restaurants and accessory retail. Highly ranked schools, an abundance of green space and parks 02characterizes the Leslieville neighbourhood offering significant appeal for future residents. Municipality Toronto PART LOTS 35 & 36 PLAN 214 AS IN CT417722 (SECONDLY), TOGETHER WITH AN EASEMENT AS IN CT417722 (SECONDLY) CITY OF TORONTO; Transit Proximity Legal Description PART LOTS 35 & 36 PLAN 214 AS IN CT417722 (FIRSTLY), TOGETHER WITH AN EASEMENT The site has front door access to the 501 streetcar line that runs east-west along Queen Street. AS IN CT417722 (FIRSTLY) CITY OF TORONTO; This line will provide connection to the future East Harbour transit hub which will have multiple transit options such as a new GO station (connect to Lakeshore and Markham / Stouffville GO line), PT LT 35-36 PL 214 TORONTO AS IN ES57744; T/W ES57744; CITY OF TORONTO and TTC smarttrack services and light rail transit. The site also provides direct access to Lakeshore Blvd offering connectivity to DVP and QEW. Number of Buildings 2 Site Area 23,022 SF Mid-Rise Development Potential Parking 3 Frontage 137.80 Feet (Queen Street East), 114.80 Feet (Leslie Street) Area precedent for height and massing offer strong potential for city staff approval, with planning consultant review estimating 87,532 square feet of gross floor area over 7 storeys. Current Building Size 27,349 SF Zoning CR 2.5 (c1.0; r2.0) SS2 (x2224) Strong Market Fundamentals Official Plan Mixed-Use City Councilor Paula Fletcher, Toronto-Danforth High absorption for new construction projects in the Toronto East submarket, post pandemic. Considerable price appreciation has occurred over the past 36 months with recent project launch at Queen & Ashbridge averaging $1,201 per square foot and unsold units in the area at $1,171 per square foot average. 4 | COLLIERS: PRIVATE CAPITAL INVESTMENT GROUP 1233-1243 QUEEN STREET EAST & 77 LESLIE STREET | 5 Post Secondary Education* Median Household Income* Employment Rate* 87% $75,371 67% Same as Toronto 14% higher than Toronto 12% higher than Toronto Area Overview Lake Ontario Woodbine Beach Ashbridges Bay Woodbine Park Neighbourhood – Leslieville he Property is located in the heart of Leslieville, just steps away from the Queen & Ashbridge heavily trafficked Queen Street East, 5 kilometers away from Toronto’s by Context Development downtown core. As one of Toronto’s oldest neighbourhoods, with roots + RioCan Living T dating back more than 150 years, Leslieville has been in constant development since the turn of the 21st century. The recent explosion of the artistic and 0301 George Condos + Towns By Rockport Group cultural scene has led to news sources such as the New York Times to proclaim Leslieville as the “hippest place to dine, drink, shop, and live” in Toronto. TM/MC The Poet by Fieldgate Urban Jarvis High School Duke of Connaught Gardiner Expressway + Don Valley Parkway 2 km Junior and Senior Public School reet Post Loft Condos Bruce Public Primary School by Condoman 01 *Piinpoint 6 | COLLIERS: PRIVATE CAPITAL INVESTMENT GROUP 1233-1243 QUEEN STREET EAST & 77 LESLIE STREET | 7 Queen Street East Colliers International Private Capital Investment Group 181 Bay Street, Suite 1400 Toronto, Ontario M5J 2V1 T: +1 416 777 2200 F: +1 416 777 2277 Jeremiah Shamess* Vice President +1 647 884 5449 [email protected] Myles Kenny* Associate Vice President +1 416 620 2882 [email protected] Queen* Sales Representative Street East This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy Leslie Street of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers international and/or its licensor(s). Copyright © 2021. Colliers Macaulay Nicolls Inc. collierscanada.com Accelerating success..